Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Reply
 
Thread Tools Display Modes
  #1  
Old 04.03.2015, 12:53
Newbie 1st class
 
Join Date: Feb 2013
Location: Zurich
Posts: 12
Groaned at 0 Times in 0 Posts
Thanked 1 Time in 1 Post
astrolake has no particular reputation at present
Deferring Real Estate Tax

I own my apartment in Zurich, but family reasons will have me moving to Goldau. I've owned for 15 years, so the gains tax will be 28%. It drops a lot in the next 5 years, going to 20% after 20 years.

So, my questions are:

1) Is the gains tax on real estate for any use? If I rent it out for 5 years, will
I pay then pay tax due after 20 years? (That seems like a no-brainer, but
I've been surprised here too often.)

2) If I sell my Zurich apartment and buy in Goldau, I see that I get to "defer
the gain". Let's suppose I hold the place in Goldau for 5 years. Will I then
pay the 20 year rate on both? The 15 year rate in Zurich and the 5 year rate
in Goldau? Some other strange thing?

Thanks for your help!
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tax Return - Real Estate abroad Sgt. Bilko Finance/banking/taxation 14 28.01.2014 20:21
The REAL real estate prices in Geneva sedebu Housing in general 0 16.06.2012 16:15
Real Estate Agent tiger12345 Housing in general 3 02.01.2012 08:15
No capital gains tax on real estate - REINVESTMENT Flower Finance/banking/taxation 20 08.04.2011 18:26
Real Estate Gtd1980 Business & entrepreneur 12 26.01.2010 00:10


All times are GMT +2. The time now is 06:27.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2016, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0